A presentation was held today by PJSC Evropeiskaya Elektrotechnica. General Director Ilya Kalenkov presented the company's key financial indicators, which confirm its status as a fast-growing and trusted organization. An emphasis was made on forecast for business growth and on prospects for development within the energy sector in general.

PJSC Evropeiskaya Elektrotechnica's revenue is expected to increase from RUB 3.85 billion in 2016 to more than RUB 11 billion by 2021. The forecast for increased revenue is grounded in the company's current contract base. Having placed its shares on the Moscow Exchange, PJSC Evropeiskaya Elektrotechnica will be able to effectively attract cash funds for the company’s further development. Since the IPO (in September 2017), the company’s share price has increased by 40%.

"For us, participating in this kind of event is a way of presenting ourselves, and informing investors about our activity and the results thereof, as well as our plans for further development of PJSC Evropeiskaya Elektrotechnica," stated Ilya Kalenkov.

For more information about the presentation for investors, see:

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PJSC Evropeiskaya Elektrotechnica is Russia's leading engineering company for creating power supply systems. The company implements projects in the oil and gas, electric power, nuclear, metal, mining, and manufacturing sectors, as well as at transport infrastructure facilities and in the defense industry in the Russian Federation and CIS countries. Evropeiskaya Elektrotechnica's customers include Rosneft, Gazprom, NOVATECH, LUKOIL, and Nizhnekamskneftekhim. The company's projects include Power of Siberia, Yamal LNG, Smolensk NPP, Data Center of Savings Bank of Russia, and the Domodedovo, Sheremetyevo, and Pulkovo Airports, etc.